PRE China Private Equity I AS (Org.nr. 990 794 537)

The vehicle has as its sole purpose to invest in the private equity fund China New Enterprise Investment Co. ("CNEI Co."). The fund was closed in 2007 with total committed capital of approx. USD 113 million. PRE China Private Equity I AS has committed USD 25 million to CNEI Co. The vehicle is closed for further share issues.

 

30.06.2020

31.12.2020

Estimated Net Asset Value (“NAV”) per share**

NOK 9,56

NOK 8,43 

USD/NOK exchange rate

9,7446

8,5326

Change in USD / NOK exchange rate

 

-12,44%

Wealth taxation value, per share 01.01.2020*

 

NOK 10,71

Accumulated dividend pay-outs, per share

 

NOK 11.014

 

PRE China Private Equity II AS (Org.nr. 992 201 681)

 

The vehicle has as its sole purpose to invest in the private equity fund China New Enterprise Investment Fund II, L.P. ("CNEI Fund II"). The fund was closed in 2010 with a total committed capital of approx. USD 250 million. PRE China Private Equity II AS has committed approx. USD 62 million to CNEI Fund II. The vehicle is closed for further share issues.

 

30.06.2020 31.12.2020

Estimated Net Asset Value (“NAV”) per share**

NOK 18,31

NOK 26,68 

USD/NOK exchange rate

9,7446

8,5326

Change in USD / NOK exchange rate

 

-12,44%

Wealth taxation value, per share 01.01.2020*

 

NOK 14,63

Accumulated dividend pay-outs, per share

 

NOK 1,50

 

PRE China & Asia Private Equity AS(Org.nr. 995 164 388)

 

The vehicle has as its sole purpose to invest in selected private equity funds focusing on Asian (Chinese) investment opportunities. The vehicles closed in the middle of 2011 and was fully invested in four private equity funds by the middle of 2012. The vehicle is closed for further share issues.

   

 

30.06.2020 31.12.2020

Estimated Net Asset Value (“NAV”) per share**

NOK 17,16

NOK 15,41 

USD/NOK exchange rate

9,7446

8,5326

Change in USD / NOK exchange rate

 

-12,44%

Wealth taxation value, per share 01.01.2020*

 

NOK 17,49

Accumulated dividend pay-outs, per share

 

NOK 2,25

20201231vek


Shareholders are encouraged to visit PRE China’s Investor Relation pages for the latest company reporting. Due to confidentiality, all reports are password-protected. Shareholders are asked to treat all information provided regarding the funds and the underlying investments as highly confidential. 

** NAV is based on preliminary, unaudited interim financial accounts supplied by the underlying private equity funds. The figures are to be considered as an informative guideline and are under no circumstances guaranteed. No investment decision should solely be based on NAV or the information herein. NAV is updated on a half-year basis (per 30.06. and 31.12. in a given fiscal year).
*
"Likningsverdi" or wealth taxation value for shareholders invested in person. Shareholders invested through an investment company (legal entity) are expected to make use of the value for tax purposes as of December 31th of a given fiscal year. However, before the fund’s audited year-end accounts are completed, shareholders invested through an investment company should use the value per January 1st as an estimate.